uThrive Asset Development is offering a profit share in return for funding for our new spec home fund. We will increase our output of building new spec homes on infill lots in the Tampa Bay Area.
We will also develop small tract housing developments and building one high end home at a time. Currently we concentrate our development in Pinellas and Pasco counties. The majority of the homes we will build, will be below the FHA financing threshold of $498K.
Our current raise is $25 million with a minimum investment of $100K. Fully funded the goal is to build fifty homes a year. Profit share will be paid out at the completion and sale of each home. Principle will be reinvested into the next home, unless otherwise directed. Currently we have five house plans that we can use to build homes and will most likely introduce two or three more into the mix over the coming two years.
Please contact us for a prospectus. Qualified investors only.